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Investment Property » For Sale » New Zealand » Otago » Queenstown » 2 Bed Apartment Apartment    

2 Bed Apartment Apartment investment in Otago


Location

New Zealand
Otago
Queenstown

Available units

  

2 bed apartment
£280,000

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Property ID: 391488












     
 

 Description

Key selling points

  • Its Queenstown
  • 1 year rental guarantee
  • $70,000 discount
  • Free furniture pack worth around $30,000
  • Multi-currency lending available on these units
  • No CGT or IHT in New Zealand

This is your opportunity to invest in New Zealand’s tourism capital - Queenstown!!

The Apartments are a recently completed luxury development nestled on the shore of Lake Wakatipu.  This brilliant iconic development enjoys some of the best mountain and lake views that Queenstown has to offer. The Apartments are an excellent solution for clients wanting a holiday home or a sound capital growth investment with the added benefit of security in the form of consistent rental income.
  
We have  negotiated the following key benefits and we see these apartments as a prime opportunity to invest in the booming Queenstown property market.

Price Discount

We have negotiated a fantastic deal for our clients.  The developer is looking to sell three properties quickly as they need to fund other ventures and we have negotiated a price discount of nearly $70,000NZD!

Free Furniture Package

The apartments come complete with a free executive furniture package (valued at approximately $30,000).  This outstanding offer includes king size beds, designer furniture and three LCD/Plasma televisions.

Rental Guarantee

We have also negotiated a high value rental guarantee of $600pw for one year. This provides you with a guaranteed income of $31,200 per year.  This is an exceptional offer for the security conscious investor. There are many options for property management.  These apartments have an on-site property manager who can look after your property or you can use a local property manager.  You have the options of short term letting (holiday stays) or longer term letting.  We can build in flexibility for you to utilise the luxury apartment as you see fit.

They are superbly located in Queenstown to capture the magnificent views across Lake Wakatipu to the Remarkables Mountain Range.  The award winning architects Koia have given the traditional mountain village a modern twist. Each of the 68 fully furnished apartments consists of two bedrooms which includes a 1-bedroom unit with a self-contained second bedroom.  This fantastic dual key concept offers flexibility and allows you to stay in the whole apartment or rent one apartment whilst staying in the other, or rent each apartment separately to maximise the rental yield of this property.

Price Range

From $720,000NZD or £280,000

Key Investment Features

  • Fully furnished two bedroom apartments
  • Two bathrooms
  • Excellent lake and mountain views
  • Includes high quality executive furniture package
  • Gas fire place with stone hearth
  • Underfloor heating system throughout
  • Home theatre system with surround sound & sky television
  • 100% wool carpets to bedrooms
  • Double glazed windows throughout
  • Gas hob & under bench oven
  • Fridge/freezer and dishwasher
  • Washing machine & dryer
  • King size beds
  • LCD televisions to bedrooms
  • Car park plus secure storage locker
  • 10 minute walk to central Queenstown

Why invest in Queenstown & New Zealand

  • Picturesque resort town with spectacular natural beauty
  • Booming tourism industry
  • Strong population growth (NZ’s fastest growing region)
  • Fantastic nightlife and attractions
  • High capital growth location
  • Low vacancy rates
  • No stamp duty or land tax
  • No inheritance tax
  • No capital gains tax in New Zealand
  • Multi-Currency loans available on these apartments
  • No restrictions on transferring money to and from New Zealand

Nestled on the shores of Lake Wakatipu, the second largest of the glacial lakes, Queenstown is a mecca of outdoor activities for residents and visitors alike. From its early beginnings as a gold mining town Queenstown has developed into an internationally renowned tourist destination. The spectacular ’Remarkables’ mountain range dominates the landscape on the shores of Lake Wakatipu and contributes to making Queenstown the adventure capital of the world.

Queenstown has become a great attraction to large international markets not only as a tourist destination but also an investment location for business and property. A strong property market coupled with a booming tourism industry, Queenstown makes for a very sound investment location.   

Multi-Currency Lending

Multi-Currency lending is an exciting new avenue for borrowing money to invest in New Zealand real estate. In brief a Multi-Currency loan enables you to borrow the money for the property in a different currency. At the moment our clients are lending on the Swiss Franc which has interest rates of only 3.9%. This is a huge saving compared to the current interest rates in New Zealand, and by structuring your Multi-Currency loan effectively you can make your New Zealand property cash flow positive.

These apartments meet the banks’ requirements and hence is eligible for this type of financing.

At the moment to be eligible you have to be living outside of New Zealand and Australia.

Contact us

We have an administration service, which is designed to assist an overseas investor enter the New Zealand market in confidence. You will have access to a lawyer for your conveyancing, a mortgage broker for your finance and an accountant for your yearly tax returns. We assist in every step of the buying and holding process of New Zealand property.

DON’T FORGET WE DO NOT CHARGE ANY FEES - NO JOINING FEE, NO ARRANGEMENT FEE, NO FINDERS FEE!!

For more information on this fantastic investment opportunity please click the enquiry link below and we will then email you further information and instructions on how to reserve an apartment.

 
     
     
 

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